Tuesday, April 17, 2007

Canadian Stocks May Advance on BCE Talks, U.S. Inflation, Housing Reports

(Bloomberg) -- Canadian telephone stocks may rise after BCE Inc. said it's in talks with several large investors about going private, in what would be the country's biggest buyout ever.

Canadian stocks also may benefit from slower-than-expected inflation in the U.S., which may give the Federal Reserve more leeway to cut interest rates, and housing starts that were stronger than estimated.


Read more at Bloomberg Stocks News

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